Zale shares fall after warrant, stock sale filing

SAN FRANCISCO (MarketWatch) — Zale Corp. shares fell in the extended session Wednesday after the jewelry chain filed documents with the Securities and Exchange Commission over a sale of its stock.

Shares of the jewelry retailer
US:ZLC
fell 4.8% to $15 on light volume after the company said in a filing that Z Investment Holdings may sell up to 11 million shares of its stock. Warrants for the stock were issued to Z Investment back in 2010 as part of a private placement. Zale has about 32.8 million shares outstanding, according to FactSet.

CalAmp Corp.
CAMP, +0.66%
shares rose 8.4% to $20.25 on heavy volume after the wireless communications equipment company reported 19 cents a share on revenue of $58.8 million. Analysts surveyed by FactSet expected a consensus of 16 cents a share on revenue of $54.8 million.

The company also sees fiscal third-quarter revenue of $59 million to $63 million. Analysts expect $57.9 million.

GNC Holdings Inc.
GNC, -0.15%
shares were off less than 0.1% at $54.69 on light volume after the supplement retailer said it bought A1 Sports Ltd., which does business as Discount Supplements in the United Kingdom, for an unspecified price.

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